Table 1: Summary of Domestic Butyl Acrylate Prices (Unit: RMB/ton)
| Market | Oct 8 | Oct 9 | Change | % Change |
|---|---|---|---|---|
| North China | 9650 | 9700 | 50 | 0.52% |
| East China | 9650 | 9700 | 50 | 0.52% |
| South China | 9900 | 9900 | 0 | 0% |
| Key Upstream | ||||
| n-Butanol | 8300 | 8450 | 150 | 1.81% |
Source: Chempricehub Information
Based on the East China market, the closing price for butyl acrylate today was 9,700 RMB/ton, an increase of 50 RMB/ton from the previous working day. The upstream basic raw material, propylene, rose significantly. Raw materials n-butanol and acrylic acid fluctuated upward due to cost support, increasing the cost support for butyl acrylate. Holders of butyl acrylate adjusted their offers according to market trends, facing low shipment pressure, which led to a gradual rise in market quotes. Downstream users, such as those in acrylic emulsion and tape core rolls, made some inquiries driven by rigid demand. Consequently, the overall market negotiation center continued its upward trend.
Today, the domestic capacity utilization rate for butyl acrylate was 57.51%, unchanged from the previous working day.
Raw material prices are expected to remain volatile with a bullish bias. Butyl acrylate holders will continue to sell based on market conditions, reducing low-price offers. As end-users follow up with purchases driven by rigid demand, the butyl acrylate market is expected to remain firm at high levels tomorrow.
n-Butanol Market: In Jiangsu, the reference ex-warehouse price for n-butanol was 8,400–8,500 RMB/ton. The market price center moved higher. Continuous significant rises in propylene provided strong cost support. Combined with limited supply, low-price offers diminished, while downstream users procured opportunistically during dips.
Acrylic Acid Market: Negotiation intentions for acrylic acid in East China were at 8,050–8,150 RMB/ton, up 150 RMB/ton from the previous working day. Rising propylene prices on the cost side led to a slight follow-up increase in the domestic acrylic acid market. On the supply side, Shanghai Huayi's production lines for acrylic acid and esters are scheduled for rotation maintenance soon. Regarding demand, post-holiday restocking driven by rigid demand resulted in good transactions and an upward shift in actual transaction price centers.
Ethyl Acrylate Market: Negotiations for ethyl acrylate in East China were at 10,800–11,000 RMB/ton, down 50 RMB/ton from the previous working day. The ethyl acrylate market experienced a narrow decline today. Raw material prices remained largely stable with minor fluctuations, resulting in limited changes in costs. Increased supply within the market allowed producers and holders to adjust offers flexibly. Active purchasing from downstream sectors such as textile auxiliaries and leather auxiliaries was limited. Transactions were primarily negotiated on an order-by-order basis, causing the trading center to weaken slightly.
Methyl Acrylate Market: Quotes for methyl acrylate in East China were around 9,950–10,150 RMB/ton today, unchanged from the previous working day. The methyl acrylate market consolidated within this range. Looking at raw materials, methanol prices continued to run firmly. Producers and holders adjusted offers flexibly, while downstream factories purchased according to demand. Trading was mainly driven by rigid demand, keeping the trading center firm.
Table 2: Overview of Domestic Butyl Acrylate Data (Unit: 10,000 tons)
| Data | Release Time | Previous Period Data | Current Period Trend Forecast |
|---|---|---|---|
| Capacity Utilization Rate | Thursday 16:00 PM | 57.51% | ↘ |
| Weekly Output | Thursday 16:00 PM | 5.02 | ↘ |
Source: Chempricehub Information
Notes:
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